PPP Loan information for Plasan carbon composites, inc

$1,450,000

Plasan carbon composites, inc was initially approved for PPP Loan of amount $1,450,000, the current approved amount is $1,450,000. The loan was approved on 04/14/2020 by The Valley National Bank reported 100 jobs and $1,450,000 was used to fund payroll.

Plasan carbon composites, inc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Plasan carbon composites, inc

PLASAN CARBON COMPOSITES, INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PLASAN CARBON COMPOSITES, INC

Borrower Address

3195 Wilson Dr, NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-7565

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1450000.00

Current Approval Amount

1450000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49534-7565

CD

MI-02

Jobs Reported

100

NAICS Code

336390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1450000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1458700.00

Forgiveness Date

11/24/2020

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